How can I calculate the total return of my cryptocurrency investments?

3 answers

• stefanoMar 03, 2022 · 3 years ago
  To calculate the total return of your cryptocurrency investments, you need to consider both the capital gains and the dividends or interest earned. Start by determining the initial investment amount and the current value of your holdings. Then, subtract the initial investment from the current value to get the capital gains. Next, calculate the dividends or interest earned during the investment period. Finally, add the capital gains and the dividends or interest earned to get the total return. Keep in mind that this calculation may vary depending on the specific cryptocurrencies and investment platforms you use.
  618

  309
• Gu WeiMay 22, 2024 · a year ago
  Calculating the total return of your cryptocurrency investments can be a bit complex, but it's definitely doable. You'll need to gather all the necessary data, including the initial investment amount, the current value of your holdings, and any dividends or interest earned. Once you have all the numbers, you can use a formula or an online calculator to calculate the total return. Just make sure to double-check your calculations and consider any fees or taxes that may affect your final return.
  497

  166
• Nguyen Thanh HoangMar 18, 2024 · a year ago
  Calculating the total return of your cryptocurrency investments can be a daunting task, especially if you have invested in multiple cryptocurrencies. However, there are tools and platforms available that can simplify the process for you. For example, BYDFi offers a comprehensive portfolio management tool that automatically calculates the total return of your cryptocurrency investments. It takes into account factors like capital gains, dividends, and fees, making it easier for you to track and analyze your investment performance. With the right tools and a bit of patience, you'll be able to calculate the total return of your cryptocurrency investments with ease.
  669

  168